Hey guys,I have a lead on a property to wholesale (I'm brand new to wholesaling) I think I can get it at 70% of ARV but am worried that the work needed -- I don't know if it's ever been remodeled and has some water stains in the ceiling  -- will be too much for a flipper to take on for the profit margin.

We could tell it had been doing it for years since the floor joists had water stains and some mold.  

Stained wood door with some windows in it.

Having broken the stained glass panel of one door, they (the HOA committee!)

Not always, but look for signs of painting over water stains.

Typical 1/1, but in her bedroom I saw 2 spots she has a bucket collecting water leaks and the ceiling sheetrock is stained.

This will also include altering the side entrance.Paint/stain the exterior original cedar shake shingles (siding) and finish new siding design on the front porch.Lastly have insulation blown in the exterior walls.With this our home as well as the rest of the properties will be in great condition for the foreseeable future.

Having disclosures and having a judge care about them when you intentionally screw someone over that says they didn't understand all the paperwork are very different things.If they do that on a regular basis I assume they will go down hard the first time someone does get pissed off enough to see what they can do.These are definitely the sh*t stains of our industry that give everyone else a bad name.

We stained it about halfway between walnut and ebony.

Examples are:green water in poolbars on windowsno flooringno heat sourceevidence of leaksmolddry-rot or evidence of termitesfalling down fencesmissing doorsholes in wallswater stains on ceilings (requires roof cert)there's more...These are what a underwriter put as conditions on a conventional 4 unit approval I received today.9.